FNG has learned that Retail FX and CFDs broker HFM (also known as HF Markets, and formerly known as HotForex) has hired Dubai based experienced industry executive Ahmad Qutaishat, as Senior Business Development Manager.

Ahmad Qutaishat joins HFM from ATFX, where he was Vice President of Sales for ATFX MENA. He has also previously worked at VT Markets and at Equiti, in a variety of sales and customer support roles.

HFM has been beefing up its presence in the MENA region lately, hiring longtime senior Hantec Markets executive Hayel Abu-Hamdan as Chief Commercial Officer earlier this year.

HFM rebranded its retail brokerage operations from HotForex to just HFM in 2022. The group operates CySEC licensed HF Markets Europe Ltd (at website hfeu.com), FCA regulated HF Markets (UK) Limited, Dubai DFSA licensed HF Markets (DIFC) Ltd, FSCA regulated HF Markets SA (PTY) Ltd in South Africa, as well as offshore HF Markets (Seychelles) Ltd at website hfm.com.